India’s industrial growth in November was the fastest in two years, on the back of strong manufacturing and mining activity. India’s industrial output in April-November grew 3.3% as compared to a revised increase of 4.1% a year earlier, according to government data. (Mint Archives) The index of industrial production (IIP)—which measures factory output in the […]
Golden Growth Fund (GGF), a Category II real estate focussed Alternative Investment Fund (AIF), said on December 15 it closed the second round of fundraising and deployed ₹58 crore to acquire two projects in Anand Niketan and Niti Bagh in south Delhi, with an estimated sales potential of ₹85 crore. Golden Growth Fund (GGF) has […]
India’s retail mall segment is undergoing a structural shift, with Tier 2 cities rapidly emerging as strong performers, even as metros retain the majority of the organised shopping centre stock. Powered by rising incomes and aspirational spending, cities such as Chandigarh, Kochi, Visakhapatnam, and Surat are now seeing rentals that rival those of several Tier […]
In what may prove to be a feature that strengthens the arsenal in a broader war against scam calls, Truecaller is adding a Family Protection feature to its caller identification application for Android phones and the Apple iPhone. This will be available free to users for now, with the ability to create a family group […]
The Reserve Bank of India expects softer inflation and faster economic growth in the Indian economy, even as the rupee remains under pressure in the absence of a India-US trade deal. A man walks past a logo of the Reserve Bank of India (RBI) and the Indian Rupee inside the RBI headquarters in Mumbai. (Reuters) […]
Moody’s Ratings on Friday said with a 7 per cent GDP expansion in 2025 and 6.4 per cent in the next year, India will lead growth among emerging markets and across the Asia Pacific region. Moody’s also said that India’s domestic growth drivers underpin its economic resilience amid global uncertainty. (Bloomberg) Moody’s also said that […]
About 40% of the total Grade A office stock in India’s top seven cities, valued at roughly $44 billion, is suitable for SM REITs. Markets such as Mumbai and Delhi NCR present the largest asset acquisition opportunities under the umbrella due to the abundance of small and mid-sized projects. Tech hubs like Bengaluru and Hyderabad […]
India’s economy grew 8.2% year-on-year in July-September, accelerating from the 7.8% growth reported in the previous quarter, as strong consumer spending and manufacturing remained key drivers amid global trade uncertainties. FILE PHOTO: Customers buy fruit and vegetables at an open air evening market in Ahmedabad, India, August 21, 2023. REUTERS/Amit Dave/File Photo (REUTERS) Economists polled […]
Goldman Sachs Group Inc. has turned overweight on Indian stocks, expecting government policies and improving corporate earnings to help the nation’s $5.4 trillion market catch up with Asian peers. The National Stock Exchange building in Bandra Kurla Complex, Mumbai. (Livemint) The Wall Street bank expects the NSE Nifty 50 Index to reach 29,000 by end-2026, […]
Big Tech continues to cut jobs and make advances in artificial intelligence (AI). Amazon has planned to cut up to 30,000 jobs, procedures for which began on Tuesday. According to a Reuters report, the company is doing so to pare expenses and compensate for over-hiring during the peak demand of the pandemic, according to three […]
